Rafael (NYSE:RFL) Announces Earnings Results

Rafael (NYSE:RFL) released its earnings results on Thursday. The company reported ($0.06) earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $0.08 million for the quarter. Rafael had a negative return on equity of 53.71% and a negative net margin of 5,707.03%.

Rafael Stock Up 1.9 %

Shares of RFL stock traded up $0.04 during trading hours on Friday, reaching $1.84. 15,019 shares of the stock traded hands, compared to its average volume of 29,696. The business has a fifty day moving average price of $1.99 and a 200 day moving average price of $1.88. Rafael has a 1-year low of $1.29 and a 1-year high of $2.50. The firm has a market capitalization of $45.90 million, a PE ratio of -1.10 and a beta of 1.15.

About Rafael

Rafael Holdings, Inc primarily engages in holding interests in clinical and early-stage pharmaceutical companies, and commercial real estate assets in the United States and Israel. It operates in two segments, Healthcare and Real Estate. The company engages in the development and commercialization of therapies that exploit the metabolic differences between normal cells and cancer cells.